China GDP grows 5% in Q1, beats expectations on exports, spending strength
Investing.com – Morocco stocks were higher after the close on Tuesday, as gains in the Banking, Beverage and Transport sectors led shares higher.
At the close in Casablanca, the Moroccan All Shares rose 0.15%.
The best performers of the session on the Moroccan All Shares were Med Paper (CSE:MDP), which rose 8.21% or 2.98 points to trade at 39.27 at the close. Meanwhile, Fenie Brossette (CSE:FBR) added 7.94% or 38.25 points to end at 520.00 and Societe Equipement Domestique et Menager SA (CSE:EQD) was up 5.11% or 60.00 points to 1,235.00 in late trade.
The worst performers of the session were Label Vie (CSE:LBV), which fell 2.61% or 125.00 points to trade at 4,660.00 at the close. Cartier Saada (CSE:CRS) declined 2.38% or 1.00 points to end at 40.98 and Ste de Travaux de Realisation d’Ouvrages et de Constuction Industielle SA (CSE:STR) was down 1.81% or 4.25 points to 231.00.
Rising stocks outnumbered declining ones on the Casablanca Stock Exchange by 27 to 22 and 11 ended unchanged.
Shares in Med Paper (CSE:MDP) rose to 5-year highs; gaining 8.21% or 2.98 to 39.27. Shares in Fenie Brossette (CSE:FBR) rose to 5-year highs; gaining 7.94% or 38.25 to 520.00.
Crude oil for September delivery was down 1.34% or 0.89 to $65.40 a barrel. Elsewhere in commodities trading, Brent oil for delivery in October fell 1.31% or 0.90 to hit $67.86 a barrel, while the December Gold Futures contract rose 0.42% or 14.45 to trade at $3,440.85 a troy ounce.
EUR/MAD was up 0.18% to 10.52, while USD/MAD rose 0.19% to 9.09.
The US Dollar Index Futures was down 0.06% at 98.53.
